The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1887-08-03
New York Stock Market Active But Irregular
Throughout the Day.
The Closs Being Finn to Strong at Ab'uI
Highest Figures Reached.
Visible Supply Of Grain in Store at Nsw
York and Chicago.
Local Markets-Whsat Firm-Corn scarce
Oats Active-Rye steady-Bran
In Fair Demand.

NEW YORK, August l. Money on call easier
at to6 per cent. Last lean 6, closed at 096'
Prime mercantile paper 5h@6. Sterling ex-
change dull. steady; 81 s214 for sixty days. and
a So for demand.
The total sales of stocks to-day were S99,44
shares ireluding Canada Southern 4,OOc; Della
ware Lackawanna and Western, 21,54o; Erie,
1860; Kansas and Texas, 1910; Louisville and
Nashville. 9I2o; Missouri Pacific, s,11S; North.
WeStern, 1907; New Jersey Central. 7,2S5;North-
ern Pacific, $40; New York Central, 1872;
Northern Pacific preferred. $3.50; Oregon Trans
continental, 7z35; Pacific Mail, 1889; Peoria.
Decature and Evansville, AGO; Reading, 72.lll;
81. Paul. 81, 90; St Paul and Omaha, $3.50; Texas
Pacific 5,e7o; Union Pacific, 1868; Western
Union, 27,s40.
The stock market to-day presented much
finer font thsn at any time last week. though
the announcement Of the suspension OF Gould
& Henty was mSde the basis of another effort
to depress prices. The feeling on the street was
much more hopeful snd The covering OF shorts
was or large scale, while considerable buying
was noticed for new elIquos. The efforts az de-
preston kept the market feverish and unsettled
for some time. But the bears found the buy
ing too strong for them and they began to swim
with the tide, the advance after having once
been started meeting with no serious setback
for the remainder of the day. The news OF the
day was entirely unimportant and very little
special features were developed. Lake Shore
was the stock which seemed to respond least to
the improved feeling and is alone among the
leading active stoekSin showing small decline
for the day Reading sold third assessment
paid, and was also very weak early in the DAY,
but recovered handsomely during the alter
noon.
There was an active market at the opening
which was made al irregular changes, from Sat
urday's final figures, although declines were in
minority Further gains were made in the
early dealings, however, which ranged up to
over per cent. These we're more than lost in
the reaction which followed but toward noon,
the feverishness and unsettled feeling began to
wear away and later q steady and uniform ap-
probation Of values occurred which lasted until
the close. There was halt about p. IN, and
insignificant losses followed but the last hour
was marked by revived frmness and the close
was firm to strong at about the highest
tlgures Of the day. Most every
thing is higher this evening, and Lackawanna
is up2 per cent, New England Is. Union Pa
cifc and North Western ia, Omaha aud Ten
nessee coal IA, Richmond and West Point Can.
ada Southern and Cincinnati, Cleveland, Co
Iumbus and Indianapolis rs. St Paul and
Western Union "a Delaware and Hudson and
Jersey Central 1.
Railroad bonds quiet to dull, and sympa
thized closely with stocks and final quotations
generally show insignifean changes. Sales
$4,000.
Government bonds were dull and heavy
State bonds neglected.